ZURICH, SWITZERLAND / ACCESSWIRE / April 27, 2016 / Today, Stephan Bogner from Rockstone Research published an update on Equitas Resources Corp. (TSX.V: EQT) as the company announced earlier today to have successfully completed the acquisition of Alta Floresta Gold Ltd., a private British Columbia company with a small-scale mining operation and large land holdings in the Brazilian states of Mato Grosso and Para.
Equitas now effectively owns 100% of 6 gold properties with 4 production licences and over 180,000 hectares of land. The immediate focus will be to increase gold production at its flagship project, Cajueiro (39,000 hectares), as well as explore for additional resources. The current small-scale sluice-box production from mineralized alluvium and saprolite is planned to be supplemented by a gravity processing plant over the next 2-3 months, which is located near the project and ready to be acquired and put into production.
The full report can be accessed with the following links:
English (PDF):
http://rockstone-research.com/images/PDF/Equitas10en.pdf
English (web version):
http://rockstone-research.com/index.php/en/research-reports/955-Ready-to-make-money-as-an-incrementally-growing-gold-miner
German (PDF):
http://rockstone-research.com/images/PDF/Equitas10de.pdf
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research
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